Read the full press release published by the White House on 3/23/12
Today, President Obama announced that the United States is nominating Dr. Jim Yong Kim, a leader who has devoted his career to improving the lives of people in developing countries and championing the cause of global health, to be President of the World Bank. The World Bank’s mission is to reduce poverty and support development, serving as a vital source of financial and technical assistance to developing countries across the globe.
“Jim has spent more than two decades working to improve conditions in developing countries around the world,” said President Obama. “The World Bank is one of the most powerful tools we have to reduce poverty and raise standards of living around the globe, and Jim’s personal experience and years of service make him an ideal candidate for this job.”